A coalition of six organizations representing mortgage companies and borrowers has sent a letter to the Federal Housing Administration (FHA), urging the extension of the current loss-mitigation ...
MBA, ABA, NMSA sign joint letter seeking to simplify & clarify the plan, as well as to extend the time to implement it. The Federal Housing Administration (FHA) on May 31 proposed a new home-retention ...
The U.S. Department of Housing and Urban Development (HUD)’s Office of the Inspector General (OIG) published on Thursday two reports broadly alleging that mortgage servicers — and Mr. Cooper in ...
Extension applies to senior borrowers affected by COVID-19. The Federal Housing Administration (FHA) said Monday it has granted two temporary partial waivers to its Home Equity Conversion Mortgage ...
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We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
There is money available to help pay your utility bills. Here is how you can apply The Federal Housing Administration (FHA) announced that it is expanding and enhancing its set of loss mitigation ...
The Federal Housing Administration announced it's increasing term options to include a 40-year mortgage in May. In March, the U.S. Department of Housing and Urban Development published a final rule ...
Further, aligning loss mitigation policy across the government and with Fannie Mae and Freddie Mac, all of which have 40-year modification programs, is good policy and has been a long-standing ...
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